Silver: The Trade of a Lifetime, But Leads to a Life of Crime

By Dominique de Kevelioc de Bailleul

Two camps exist, those who know the silver price will strike many multiples from today’s $35, and those who don’t.  With the overwhelming majority of investors falling into the latter camp, early birds to the silver market will become stinking rich.

Here’s why the above statement is no hyperbole.  Consider the impact on the silver price from Fed monetary policy.

Mom and pop (M&P) investor don’t know that so-called “QE3” is unlike any emergency monetary plan of the Federal Reserve.  Thanks to Congressman Ron Paul, M&P has only recently discovered that the Fed is not a federal government institution—as in students of Econ 101 already know.  And now M&P must learn of the implications of the Fed announcing that there will be no limit to its balance sheet?

In an almost unanimous vote, the FOMC announced last week it will purchase the most toxic assets of the banks—and, in unlimited quantities.  No limit.  That means there is no limit to the dollar’s decline.  Period.  Mom and pop may have heard someone talk about that, but all this talk of financial Armageddon will be dismissed as another Cassandra who’s taken to the airwaves to sell gold from some dodgy Internet outfit.

M&P don’t know and will never know the subject of money.  M&P have never heard of Jim Sinclair and, if they did know who he is, they wouldn’t know what “QE to infinity” means anymore than they understand how a television works.  M&P just know everything will be all right in the end.

M&P will not take action because their son or daughter told them to take action.  Their son and daughter aren’t “experts”, nor are these ‘kids’ on television.  M&P need a friendly newscaster or other celebrity, like an Opra, to tell them what to do.

And that’s where M&P will make you rich.

When the price of silver becomes mainstream news for weeks and months at a time, it’s all over for the cartel’s already remote chance of suppressing the price of silver.  When M&P’s favorite newscaster starts broadcasting the emergency steps they should take to ‘fight inflation’, the lines will begin to form outside the local bullion dealer.  Business at Goldmoney and Sprott Asset Management will boom.

Instead of your local Home Depot running out of ¼ inch plywood as prudent homeowners prepare for some hurricane, bullion dealers won’t have bullion to sell either.  That’s when there’s no limit to the price of silver.  The mania of all modern-day manias will begin.

But . . . for the fly in the ointment.

The silver mania will explode into a national story so large that the national dialogue will suddenly turn ‘official’.  Anyone possessing silver will be painted as an enemy of the state.  There will come a day when the National Security Advisers recommend outlawing private ownership of silver, and the law to make it happen has already been signed by the president.

On March 16, President Obama signed into law The National Defense Resources Preparedness Executive Order.  Contained within the EO is the clause which allows the president to “take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements” in the event of a “potential threat to the security of the United States.” [emphasis added].

The term “critical technology” can point to many things, such as national security technology, for one, but not necessarily the resources required for the technology behind building cruise missiles, though important as it is; the vital national security issue is, and always has been, energy—alternative energy, in the case of the 21st century.

M&P don’t know that windmills and solar panels MUST contain silver, the metal best known for its thermal transfer and electrical conductivity (at a relatively economic price).

“Silver, it’s more than precious; it’s a critical, vital metal,” Leeb told King World News during the weekend of Mar. 11.  “You cannot run the world without it as the world stands today.”  See entire BER article.

Though the U.S. has been remarkably negligent in its preparation for the post-carbon era, China, on the other hand, has not.

“The Chinese are frantic about building out renewable energies.  Frantic, because they see the peak in oil.  Frantic, because they see next decade peak in coal,” Leeb continued.  “So what are you going to replace coal and other hydrocarbons with, if not wind and nuclear . . . you’re going to need all of the above in massive concentrations.

Leeb went on to say that silver will soon become a strategically vital metal to the U.S., which can only mean one thing.  You can’t have any.

In December 2011, Leeb told GoldSeek Radio, “Silver is an utterly critical metal when it comes to renewable energies, solar panels; there’s no other game in town . . . Silver-based solar is going to play a major part in our energy future . . .

“China used to export silver, now they’re importing, and they are very big importers.  And they [China] went on to say that they’re not going export any silver what so ever.”  Though China recently relaxed its strict export quota of rare earths, silver was not included in the increased export quota.”  See BER article.

“I do believe [$200] is not an unreasonable target” for silver, Leeb continued.

“But the problem is, once it reaches one hundred [dollars], people start getting very, very nervous.  It’s a very, big broad round number and they [bankers and/or government] start taking action; they might consider outlawing the ownership of silver as a monetary metal.”

Prepare for that day.  In the not-too-distant future, silver will become illegal to own.  Incorporate that eventuality into your overall protection from a federal government gone fascist.  It’s not enough to be right; you must now become an ‘outlaw’ of a lawless and out-of-control America.

There are no laws, now.  Have no guilt or fear, just do what is necessary to insist on your right to survive and thrive.  Any law to deprive you of your rightful property will be ignored and resisted by countless Americans.

Some stooge who happens to reside at the White House is not your law; the U.S. Constitution of the United States is your law.

Comments are closed.